Weak Demand Prompts Inflation Revision

January 2012
Emerging Europe Monitor: Central Europe & Baltic States;Jan2012, Vol. 19 Issue 1, p7
Country Report
The article presents an outlook on the consumer price inflation of the Czech Republic for 2012. It notes that the country's average inflation is expected at 2.0% in 2011 and 2012 from the previous forecasts of 2.2% and 2.6%, respectively. It projects a weak domestic demand and a moderate commodity price adjustments that will make inflationary pressures remain subdued in 2012. It also forecasts that the Czech policy rate will remain on hold at 0.75% through 2013.


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